National Insurance Commission

The National Insurance Commission (NIC) and Ghana Fire Service have embarked on compulsory fire and insurance enforcement activities at commercial properties and premises in the Sekondi-Takoradi Metropolis. This sensitisation and enforcement activity was to find out the compliance level of property owners and occupiers in accordance with sections 218 and 219 of the Insurance Act 2021, Act 1061. In total, 20 commercial properties and premises including hospitals, schools, hotels, marts, fuel stations and offices were visited. From inspecting the 20 commercial properties and premises, eight were able to produce their valid insurance fire certificates while one property had expired insurance,…

The National Insurance Commission (NIC) is to roll out an insurance programme to insure small-scale businesses to protect their businesses. Dubbed ‘the Small and Micro Business Insurance Programme’, the national exercise, which would begin in the middle of May in Kumasi, is meant to interact with owners of Small and Micro Businesses and educate them on insurance and develop specific insurance products to meet their needs. Michael Kofi Andoh, Deputy Commissioner of NIC, disclosed this in an interview with the Ghanaian Times after a meeting with celebrities, and said the move was to increase insurance uptake and penetration in the…